Another new ETF issued by ETFlab Investment GmbH, a subsidiary of DekaBank Deutsche Girozentrale, has been tradable on Xetra since Monday.
ETF name: ETFlab DJ EURO STOXX 50 ShortAsset class: Equity index ETFISIN: DE000ETFL334Management fee: 0.4 percentDistribution policy: non-distributingBenchmark: DJ EURO STOXX 50 Short
The new ETFlab DJ EURO STOXX 50 Short allows investors to participate in the performance of the DJ EURO STOXX 50 Short index. This index reflects the inverse performance of the 50 largest companies in the euro area. The product offering in Xetras XTF segment currently comprises 544 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around 11 billion, Deutsche Brses XTF segment is the leading trading venue for ETFs in Europe. Xetra is a registered trademark of Deutsche Brse AG.
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